The Daily Telegraph has sold its 13% stake in Trinity International, publisher of the Liverpool Echo and Post, for £26.8m. The share was not bought by one investor but split among a range of UK institutional shareholders.The Telegraph is now buying half of the 22.6% stake in Southam, the Canadian newspaper group, acquired recently by… Continue reading Telegraph Sells Trinity Stake
LWT and Carlton are considering setting up a 24-hour cable news service for London. The two ITV companies are holding talks with cable operator Videotron about developing their terrestrial news service London News Network.
Gruner & Jahr launched an Hello-style magazine in France last week called Gala. They have made no comment as regards to suggestions made in the trade press that they will launch a UK version.Gruner + Jahr: 071 245 8700
IPC and Groupe Marie Claire have joined forces to launch a French version of Practical Parenting. The monthly title is to be called Famili, aiming for a circulation of 365,000, which would make it the biggest selling parent title in France.IPC: 071 261 6071
Original programming for The Cable Network, the UK’s first nationwide cable exclusive channel, has been awarded to CST Productions (Bristol). Launching on May 1st the channel, formerly known as UK Today, will show both original and acquired programmes between 1300 – 2300 seven days a week. The channel is backed by UK cable operators Comcast,… Continue reading CST Wins First National Cable Channel
Harrington Kilbride Publishing Group has won the contract to produce the bi-monthly title Food Magazine , previously published by CPR. A re-launch will take place in May with a new editorial direction.Harrington Kilbride: 071 226 2222
The Sunday Mirror is being given a new look this weekend in an attempt to encourage sales. The magazine is being made smaller, in line with other Sunday supplements, and the main newspaper is likely to contain a new lifestyle section.Whilst confirming that a revamp will take place Mirror Group Newspapers is refusing to release… Continue reading Sunday Mirror Revamp
The six-monthly NRS figures for July to December 1992 are the first to be collected using only the CAPI method. Direct comparisons with previous NRS figures are discouraged as the CAPI method varies greatly from the old Pen and Paper method.National NewspapersThe July to December ’92 NRS figures favoured the national newspapers with virtually all… Continue reading Jul-Dec NRS Commentary
BSkyB is not expected to achieve pre-tax breakeven until 1995, according to a new report by stockbrokers James Capel based on BSkyB’s first full year accounts since the merger of Sky and BSB in 1990.Turnover was put at a disappointing £288m, some £40m lower than forecast, even though losses through the year had been greatly… Continue reading BSkyB Breakeven Moved Back To 1995
IFE will begin transmission of its Family Channel UK in September. The channel, to be delivered on Astra will be based in Maidstone, following IFE’s recent acquisition of TVS for $85m.
